Deepwater Dredging Company holds itself out to others as being a corporation but makes no attempt to incorporate. Estuary Marina signs a contract with Deepwater that is not performed. Estuary Marina files a suit against the firm. The court will likely hold that Deepwater is

Question

Deepwater Dredging Company holds itself out to others as being a corporation but makes no attempt to incorporate. Estuary Marina signs a contract with Deepwater that is not performed. Estuary Marina files a suit against the firm. The court will likely hold that Deepwater is​

Quizplus · Accepted Answer

Deepwater Dredging Company is representing itself as a corporation, even though it is not incorporated. This creates the impression that it is a corporation by estoppel, meaning it will be treated as a corporation for the purposes of the contract with Estuary Marina.

Deepwater Dredging Company Holds Itself Out to Others as Being